HIGHLIGHTS
The crypto market hit its lowest market capitalisation recently
Bitcoin is trading at its lowest since December 2020
Analyst are citing global inflation as the main reason for the meltdown
An array of cascading red graphs across various crypto exchanges has sent investors into a frenzy. The current crypto meltdown has been a reality check for many investors who were looking to make a quick buck from the digital currency.
Not only has crypto seen some of its worst months in terms of valuation, but it has also betrayed faithful crypto investors who thought these assets could offer them some economic stability.
But how did it come to this? Why is Bitcoin, a digital currency that was being heralded as the next big thing, now hanging by a thread with an uncertain future? What will be the future of crypto investors in India and globally?
Let’s take a look at some of the reasons behind this crypto turmoil, the damage it’s dealt investors and exchanges alike, and things to keep...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...